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The BSE Sensex has been on a downward slide since 1 August 2018, dropping 3,520 points till 11 October 2018. That’s a fall of around 9.38%. Even apart from this, traders and investors have a lot on their plates: a depreciating rupee, volatility in crude oil prices, and non-banking finance companies’ debt crisis, to name a few.
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The Primary Market, also known as the "new issue market," is where newly issued securities, such as stocks or bonds, are offered and sold for the first time by companies or governments to raise capital. Investors directly purchase these securities from the issuing entity. The primary market facilitates the initial sale of securities, enabling companies to raise funds for various purposes like expansion, debt repayment, or acquisitions.
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